Any idea on how much my bike is worth?
Discussion
Hi all,
I am thinking of putting my push bike up for sale, but have no idea what it's worth. A quick search on ebay shows only 1 other for sale so it doesn't give me much to go by on market value.
It's a Kona Coiler Deluxe (2007 model)
When new, it retailed for £2100 (see here: http://www.thebikelist.co.uk/kona/coiler-deluxe-20... and since owning it, I have spent a frankly, ridiculous amount of money upgrading parts. To name but a few, I have upgraded the original forks for a set of Rock Shox's which cost £529.99, Easton Monkey Lite DH handlebars and stem for a total of £150, and also a set of Shimano Deore XT wheels and Maxxis tubeless tyres for a total of £260.
All in all, I've spent just over a grand on this bike, and it is standing now in very good condition. Nothing needs replacing, each tyre has good depth and the frame has almost no stratches/chips. It's also stored in a bedroom and has been for most of it's life!
I'm almost sure I'm not going to make back what I've spent on it, but do any of you have an idea of it's worth today? I really don't want to overprice it out of the market, or similarly underprice it.
Thanks all, I'll try and put a few pictures of it on here:
I am thinking of putting my push bike up for sale, but have no idea what it's worth. A quick search on ebay shows only 1 other for sale so it doesn't give me much to go by on market value.
It's a Kona Coiler Deluxe (2007 model)
When new, it retailed for £2100 (see here: http://www.thebikelist.co.uk/kona/coiler-deluxe-20... and since owning it, I have spent a frankly, ridiculous amount of money upgrading parts. To name but a few, I have upgraded the original forks for a set of Rock Shox's which cost £529.99, Easton Monkey Lite DH handlebars and stem for a total of £150, and also a set of Shimano Deore XT wheels and Maxxis tubeless tyres for a total of £260.
All in all, I've spent just over a grand on this bike, and it is standing now in very good condition. Nothing needs replacing, each tyre has good depth and the frame has almost no stratches/chips. It's also stored in a bedroom and has been for most of it's life!
I'm almost sure I'm not going to make back what I've spent on it, but do any of you have an idea of it's worth today? I really don't want to overprice it out of the market, or similarly underprice it.
Thanks all, I'll try and put a few pictures of it on here:
It's difficult to price things without lots of others on eBay.
The rule of thumb used to be 50% depreciation (of RRP) year 1, 10% every year there after, but I don't think they drop that far anymore, more and more people who used to only buy new are looking used now because the prices for new bikes have rocketed and of course the economy.
It's seasonal too because I've seen even ratty looking bikes go for megabucks in April / May and nice ones goes for super low in Nov / Dec.
They're always worth a bit more sold in bits too.
The rule of thumb used to be 50% depreciation (of RRP) year 1, 10% every year there after, but I don't think they drop that far anymore, more and more people who used to only buy new are looking used now because the prices for new bikes have rocketed and of course the economy.
It's seasonal too because I've seen even ratty looking bikes go for megabucks in April / May and nice ones goes for super low in Nov / Dec.
They're always worth a bit more sold in bits too.
you should get about a grand for it, you may get lucky and get a bit more but it just depends on the market at that time. There are always bikes like this around as people pick them up to start dh riding and either love it or hate it, keep the bike or sell it on. Likewise there are always a few loads of people looking for a starter dh bike so finding a buyer shouldnt be too hard... try singletrackworld and bikeradar before ebay.
pablo said:
you should get about a grand for it, you may get lucky and get a bit more but it just depends on the market at that time. There are always bikes like this around as people pick them up to start dh riding and either love it or hate it, keep the bike or sell it on. Likewise there are always a few loads of people looking for a starter dh bike so finding a buyer shouldnt be too hard... try singletrackworld and bikeradar before ebay.
Thanks, I will do. Gassing Station | Pedal Powered | Top of Page | What's New | My Stuff